The January edition of the Global VAT Guide features comprehensive updates on VAT regulations and developments from Belgium, Estonia, Finland, France, Germany, Hungary, Latvia, Lithuania, Poland, Portugal, Slovakia, Sweden, Bosnia and Herzegovina, and Serbia.
On November 19, 2024, Germany’s Ministry of Finance published an FAQ on mandatory e-invoicing for domestic transactions, effective January 1, 2025.
On December 31, 2024, the Ministry of Finance announced non-EU countries eligible for VAT refunds under reciprocity from January 1, 2025: Bosnia and Herzegovina, Norway, the UK, and Switzerland.
The global landscape of eInvoicing is evolving rapidly, with domestic mandates introducing new complexities for businesses worldwide. These changes bring both challenges and opportunities for VAT compliance and reclaim.
Taxback International joins #tacs, the leading online community for tax technology professionals. Discover how this partnership enhances knowledge sharing and innovation in VAT compliance and e-invoicing solutions.
In today’s complex business landscape, efficient Value Added Tax (VAT) management is crucial for maintaining healthy cash flow and minimizing compliance risks. Our recent masterclass, “Mastering VAT Efficiency,” provided valuable insights from our senior VAT consultants on how to streamline VAT processes and maximize recoveries.